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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Mike DePalma • DePalma Realty

$250,000

Est. payment - /mo

1,804 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,804 sqft

Price per Sqft $138

MLS Listing ID NJCB2030698

Style Colonial

Abv Grd Liv Area 1,804

Year Built 1927

Annual Tax Amount $3,678

Tax Year 2025

Lot Size 5,942 Sqft

Acres 0.14

Lot Dimensions 36.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom downstairs and 3 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,745.00 per month, which comes to $32,940.00 annually, making this a very strong investment with great rental history. The tenants both keep their units clean and tidy, and both are on annual leases that run through the Fall. Both units have their own electric and gas meters for easy utility management. In addition, each lease includes a monthly water/sewer fee that generally covers these costs, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Unit 1 pictured in the listing photos. Unit 2 photos coming soon. **Lawn has been enhanced in the photos**

Location

State NJ

County Cumberland

Area Millville City (20610)

Zoning HDR

Interior

Hot Water Natural Gas

Heating Radiant, Forced Air

Cooling None

Inclusions All landlord owned appliances, utility systems, and fixed items.

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 1804

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Millville Area

Others

Tax ID 10-00424-00005

Ownership Fee Simple

SqFt Source 1804

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

419 E MULBERRY ST Millville, NJ 08332

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

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419 E MULBERRY ST